Submitted by zsreport t3_yyicju in technology
RSomnambulist t1_iwuj4ws wrote
Reply to comment by Dazzling-Ad7724 in GM CEO Barra says electric vehicles to be profitable by 2025 by zsreport
Batteries have gotten cheaper every year for the past 15 years. They're also banking on a 40% decrease in labor costs, which is the real savings to make them profitable.
Thess idiot geniuses finally realized that less parts means less labor means EVs make them more money. Transitioning to EV was always going to be a "we'll do it when it makes us more money". It'd be funny if we hadn't needlessly burned the planet up some more when we could have started making the switch in the 90s.
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